Mitsubishi Corp

Mitsubishi Heavy to double gas turbine capacity as global demand surges

The decision comes at a time when demand for gas turbines has increased globally, due to the proliferation of data centers, new manufacturing and continued electrification

Mitsubishi to invest $600 million for 30% stake in US copper mine project

Japan's Mitsubishi to buy into Arizona's Copper World project for $600m, weeks after the US imposed steep tariffs on semi-finished copper products

TVS Mobility, Mitsubishi Corp sign deal for employee exchange programme

MC Japan will host employees from TVS Mobility and train them in automotive and mobility sectors

Mitsubishi Corp gets CCI's approval to acquire stakes in two TVS group cos

The Competition Commission of India (CCI) on Tuesday said it has cleared Mitsubishi Corporation's proposed acquisition of stakes in TVS Certified and TVS Vehicle Mobility Solution. TVS Certified Pvt Ltd is engaged in the business of the sale of used vehicles by conducting auctions, mainly through offline channels in physical auction yards. "The proposed combination relates to Mitsubishi Corporation (Acquirer) acquiring an equity stake in TVS Certified Pvt Ltd (Target 1) and TVS Vehicle Mobility Solution Pvt Ltd (Target 2)," CCI said in a release. Mitsubishi Corporation is a global integrated business enterprise that develops and operates businesses in 90 countries. TVS Vehicle Mobility Solution is engaged in the business dealership and distribution of commercial vehicles, passenger vehicles and motor vehicle services and undertaking dealership and distribution of spare parts for vehicles for a specific manufacturer. In another release, CCI granted its clearance to BlackRock Fundi

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

The move marks the latest in a string of acquisitions by Japan's top banks in India

Mitsubishi Corp to acquire 32% stake in TVS Vehicle Mobility for Rs 300 cr

TVS Mobility holds dealerships of major companies like Ashok Leyland, Honda, Mahindra and Renault among others, mainly in states like Tamil Nadu, Kerala, Karnataka, AP, Telangana and MP

Mitsubishi to enter Indian car market with over 30% stake in TVS Mobility

Leveraging TVS Mobility's existing network of approximately 150 outlets, the new venture will also establish dedicated stores for each car brand

Morgan Stanley-led banks face $500 million loss on Twitter debt to Musk

When banks led by Morgan Stanley agreed in April to help finance Elon Musk's purchase of Twitter Inc., they were eager to aid an important client, the richest person in the world

Mitsubishi names power business boss Katsuya Nakanishi as CEO

Nakanishi, 61, currently runs the firm's power solution group and was involved in its 2019 acquisition of Eneco

Mitsubishi Corp picks minority stake in TVS SCS for undisclosed amount

Mitsubishi to acquire the stake from Tata Opportunities Fund which will make a partial exit

Mitsubishi Corp to hike stake in TVS Automobile Solutions from 3% to 25%

Japanese firm will work to expand TASL's business and participate in Indian market by introducing Japanese automotive parts suppliers and enhancing price competitive parts line-ups for TASL

Focus on key sectors will help Japanese firms in India: Mitsubishi MD

"Why does it take so much time for Japanese companies to be successful?" he asked

Mitsubishi Corp Q1 net up 17% on higher coking coal prices

The company said net profit for April-June was $1.06 bn